28-34 Holburn Rise, Ocean Grove, VIC 3226 | Land for sale | OnTheHouse
 
FOR SALE
$690,000 each

28-34 Holburn Rise
Ocean Grove VIC 3226

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Bathrooms: -
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Land area: 722m2
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Buy One or Buy Four

The Feel:
Playing host to four generous residential allotments, this prime coastal site totalling 2888sqm (approx.), offers a diverse development opportunity within a peaceful, family-friendly pocket of Ocean Grove. The north-facing blocks, each measuring 722sqm (approx.), benefit from a peaceful park and lakeside position, providing the ideal blank canvas to bring your residential development dreams to life. With allotments of this size and position rarely offered, the possibility exists to build multiple luxury dwellings, explore the potential for further subdivision (both STCA), or simply landbank for the future.
The Facts:
-Buy one block or the entire site
-Rare vacant landholding totalling 2888sqm (approx.)
-Comprised of 4 x 722sqm allotments, all titled and ready to build
-Exciting prospect for visionary developers & builders – construct one home on a lot or multiple dwellings (STCA)
-Zoned General Residential
-122m (approx.) street frontage lends itself to design flexibility
-Peaceful pocket offers broad family appeal, neighbouring parkland, lake & playground
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Property Details for 28-34 Holburn Rise, Ocean Grove

Building Type
Land
Land Size
722m2
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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. It has 22 parks covering nearly 16.5% of total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation.In 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.

Ocean Grove has 11,886 properties. Over the last 5 years, Houses in Ocean Grove have seen a 24.39% increase in median value, while Units have seen a 31.47% increase. As at 30 November 2025:

  • The median value for Houses in Ocean Grove is $1,031,997 while the median value for Units is $816,100.
  • Houses have a median rent of $598 while Units have a median rent of $510.
There are currently 132 properties listed for sale, and 10 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 510 properties were sold in the past 12 months in Ocean grove.

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